Credit Analyst

This role is for one of the Weekday's clients

Salary range: Rs 700000 - Rs 1500000 (ie INR 7-15 LPA)

Credit Analyst

Requirements

Key Responsibilities:

Candidate Profile:

• Credit Analysis & Due Diligence
• Conduct thorough credit assessments of borrowers and projects in the construction and real estate sectors.
• Analyze financial statements, cash flow projections, and project viability to determine the creditworthiness of applicants.
• Identify key risks, mitigants, and recommend appropriate loan structures and covenants.
• Processing Construction Finance Proposals
• Manage the credit evaluation process for new proposals from initial assessment through final approval.
• Prepare in-depth Credit Appraisal Memorandums (CAMs) in coordination with internal business and credit teams.
• Pre-Sanction Site Visits
• Conduct detailed site visits to assess the physical and operational status of the project, promoter track record, and on-ground risk indicators.
• Prepare visit reports highlighting critical observations to inform sanction decisions.
• Stakeholder Coordination
• Work closely with cross-functional teams including Business, Legal, Risk Containment Unit (RCU), and Operations to ensure timely processing of credit proposals.
• Liaise with external agencies such as legal counsel and property valuers to gather necessary documentation and third-party reports for credit evaluation.
• Verification & Credential Analysis
• Verify and validate customer and project credentials including title deeds, approvals, licenses, financials, and promoter background.
• Ensure authenticity of documents and compliance with internal credit policies and external regulations.
• Disbursement Facilitation
• Support in timely and accurate loan disbursals by coordinating with the disbursement team and ensuring documentation completeness.
• Assist in the release of tranches based on project progress and adherence to conditions precedent and subsequent.
• Post-Sanction Monitoring
• Monitor project progress, financial health, and utilization of funds through post-sanction visits, review of periodic MIS, and interaction with clients.
• Handle processing of NOC requests, fund transfers, and project-specific queries post disbursal.
• Track covenant compliance and initiate early warning signals in case of deviations or delays.
• Experience: 2-6 years in credit analysis, preferably in construction finance, project finance, or real estate lending.
• Educational Background: Graduate/Postgraduate in Finance, Commerce, or related field. CA/MBA preferred.
• Strong analytical, financial modeling, and communication skills.
• Proficiency in MS Excel, CAM writing, and working knowledge of legal and regulatory frameworks in the real estate sector.
• Ability to manage multiple stakeholders, handle on-ground assessments, and ensure timely delivery